Starting a home business is a huge step. Maybe you want to earn an extra income, extra spending money, or begin supporting your entire family with a home business. Either way, there are many home business solutions to choose from, and also many different ways to make money online.
Earning a Residual Income with Home Business Solutions
One way to build wealth from home is to begin building a residual income from one or more home business sources. A residual income is money you earn on a continual basis just from one customer or one sale. The more customers you obtain, the more ongoing income you’ll have each month.
For example, you sign up with an online educational company that offers ongoing training. Students who sign on with this company pay a monthly fee. You earn a residual income each time the fees are paid for each student you sign up. The educational company receives new students, and you receive ongoing commissions. It’s a win-win situation for both!
Another example of a residual income is when you sell Internet-related services that require a monthly or yearly payment, such as web hosting, domain name registration, Internet...
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